Axxela Limited, a leading player in the gas and power sector across sub-Saharan Africa, has once again secured the prestigious Gold Medal in the 2025 EcoVadis Sustainability Rating. The company …
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Rand Slips Ahead of Manufacturing Data as Analysts Watch Power, Ports, and Global Signals
The South African rand lost a bit of ground in early trading on Thursday, May 8, as traders waited for the country’s latest manufacturing output figures. According to market data, …
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Kenya Rules Out New Taxes in 2025/2026 Budget After Deadly Protests
Kenya’s government has said it will not introduce new taxes or increase current ones in the 2025/2026 budget. This announcement comes after last year’s deadly protests forced President William Ruto’s …
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Investors Watch DMO’s ₦550bn Treasury Bills Auction as Market Eyes Interest Rate Direction
Many investors are paying close attention to the Treasury Bills auction being held today, Tuesday, May 7, 2025, as the Debt Management Office (DMO) offers ₦550 billion worth of T-bills …
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NECA Backs FG’s Buy Made-in-Nigeria Policy, Calls for Strict Implementation
The Nigeria Employers’ Consultative Association (NECA) has expressed strong support for the Federal Government’s new Buy Made-in-Nigeria Procurement Policy, describing it as a timely move to drive industrial growth and …
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SMEDAN Creates Over 90,000 Jobs, Empowers 116,000 Entrepreneurs in First Quarter of 2025
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) says it created 90,160 jobs for unemployed Nigerian youths in the first quarter of 2025. The agency also said it …
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Policy Think Tank Faults IMF’s Economic Outlook on Nigeria, Backs FG’s Growth Target
The Independent Media and Policy Initiative (IMPI) has expressed disagreement with the International Monetary Fund (IMF) over its latest economic growth forecast for Nigeria. The IMF had recently revised its …
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FG Opens May 2025 Savings Bond Window for Retail Investors
The Federal Government of Nigeria, through the Debt Management Office (DMO), has launched a new round of the Federal Government of Nigeria (FGN) Savings Bond for the month of May …
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ExxonMobil to Invest $1.5 Billion in Nigeria’s Deepwater Oil Fields
Oil giant ExxonMobil has announced it will invest $1.5 billion in Nigeria’s deepwater oil exploration and development over the next two years. The company said this fresh investment will be …
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Federal Government Shuts Down Illegal Mining Site in Kaduna Using Peaceful Strategy
The Federal Government has shut down an illegal mining site located in Damau, Kubau Local Government Area of Kaduna State. This operation was carried out by the Mining Marshals under …